Oil Marketing & Paint Stocks Plunge As Crude Surges To $112 Amid Deepening US-Israel-Iran Conflict
Indian shares of oil marketing companies (HPCL -8.67 percent, BPCL -8.43 percent, IOC -7.29 percent) and paint makers (Asian Paints -5.12 percent, Indigo Paints -4.83 percent, Berger Paints -4.80 percent) tumbled in morning trade on March 9, 2026, as Brent crude jumped 24.71 percent to USD 112.51/barrel amid escalating West Asia conflict. Sensex plunged 2,494 points (3.16 percent) to 76,424.